Interest rates & charges

Every rate and fee, laid out clearly

No hidden line items. Below are indicative interest rate ranges and the standard fees that can apply to a Dhanvarsha Capital personal loan, by loan type.

Before you rely on these numbers: every rate and fee below is an indicative range for illustration and planning only — not a confirmed offer or a rate you are pre-approved for. Your actual interest rate, tenure and fees are fixed only after document verification and credit assessment, and will be shown in full in your official Key Fact Statement (KFS) before you accept anything.

Rate snapshot

Indicative interest rate by loan type

All rates are annual, on a reducing balance basis. Your final rate depends on your credit profile, income and existing obligations.

Loan typeRate (p.a.)*Loan amount range
Home loan (personal use)10.75%–18%₹50,000–₹25,00,000
Wedding loan11%–22%₹50,000–₹20,00,000
Medical loan10.5%–20%₹25,000–₹15,00,000
Travel loan11%–21%₹30,000–₹10,00,000
Education loan10.99%–19%₹50,000–₹20,00,000
Vehicle loan10.75%–18%₹50,000–₹15,00,000
Business loan12%–24%₹1,00,000–₹30,00,000
Debt consolidation10.5%–20%₹1,00,000–₹25,00,000

*Rates shown are indicative ranges as of the date this page was last reviewed and are subject to change. See the full breakdown for each loan type, including eligibility and fees, on the loan products page, or get a personalised estimate with the EMI calculator.

Beyond the interest rate

Standard fees & charges

These apply across loan types unless a specific loan's terms say otherwise — always confirmed in your Key Fact Statement before you accept.

At disbursal

  • Processing fee: up to 3% of loan amount + GST, deducted from the disbursed amount
  • Documentation charges: up to ₹500, if applicable
  • Stamp duty / agreement charges: as per applicable state law

During repayment

  • Late payment charges: up to 2% per month on the overdue EMI amount
  • EMI bounce charges: up to ₹590 per bounce + applicable taxes
  • Mandate rejection charges: up to ₹250 per instance

If you prepay or close early

  • Foreclosure charges: typically nil after the initial lock-in period (varies by loan type — see the loan products page); up to 4% + GST if within lock-in
  • Part-payment charges: up to 2% on the amount paid, where part-payment is permitted
  • Foreclosure / NOC letter: free as a soft copy; a physical copy may carry a small courier charge

There is no fee to browse this website, use the EMI calculator, run the basic eligibility check, or submit an application. Any processing fee is disclosed upfront in your Key Fact Statement and deducted from the loan amount — it is never collected as a separate advance payment. If anyone asks you to pay first to "unlock" or "guarantee" a loan, treat it as a red flag — see our RBI Guidelines & Grievance Redressal page.

Reading the fine print

Interest rate vs. APR — what's the difference?

Two loans with the same headline interest rate can cost differently once fees are included.

Interest rate

  • The rate charged only on the outstanding principal
  • Used to calculate your EMI on a reducing-balance basis
  • Does not include processing fee or other charges

Annual Percentage Rate (APR)

  • The interest rate plus processing fee and other mandatory charges, spread over the loan tenure
  • Gives a more complete picture of what the loan actually costs you per year
  • Required to be disclosed in your Key Fact Statement (KFS) under RBI norms

Always compare the APR, not just the headline interest rate, when weighing loan offers from different lenders — a lower interest rate with a high processing fee can sometimes cost more overall than a slightly higher rate with lower fees.

FAQs

Rate & charges questions

Why is there a range instead of one fixed rate?

Your exact rate depends on factors like your credit score, income, existing obligations and the specific loan type — so it can only be confirmed after your application is assessed. The ranges above show what past applicants have typically been offered for each loan type.

Is the processing fee refundable if my loan is rejected?

No processing fee is charged unless your loan is approved and disbursed — it's deducted from the disbursed amount, not collected upfront, so there's nothing to refund if an application doesn't go through.

Can I negotiate my interest rate?

The final rate is based on standard credit assessment criteria rather than negotiation. A stronger credit score, stable income and a lower existing-debt ratio generally support a rate closer to the lower end of the range.

Will foreclosure charges apply if I repay early?

It depends on the loan type and how far into the tenure you are — most loan types carry nil foreclosure charges after an initial lock-in period. Check the specific loan type on the loan products page, or confirm the exact figure in your Key Fact Statement.

Where can I see the exact rate and fees before I accept a loan?

In your Key Fact Statement (KFS), issued after your application is approved. It's a standardised, RBI-mandated format that discloses the exact interest rate, APR, all fees and the total cost of the loan — read it fully before you e-sign.

Want to see what this means for you?

Use the EMI calculator for a personalised estimate, or start your application — there's no fee just to apply.